A bank "gives value" when it allows a depositor to withdraw funds against a deposited item.

Name: A bank "gives value" when it allows a depositor to withdraw funds against a deposited item.
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When a depositor deposits a check or cash into their account, the bank "gives value" by allowing the depositor to withdraw funds against the deposited item. This means that the bank is recognizing the value of the deposited item and allowing the depositor to access those funds.

A Bank "Gives Value" When It Allows a Depositor to Withdraw